Logistics companies, often referred to as third-party fulfillment providers or 3PLs, deliver integrated supply chain solutions that encompass functions such as order processing, warehousing, item selection, packaging, and shipment. These companies handle inventory reception, processing, transportation and storage on behalf of companies.
Logistics in India plays a substantial role in India's economy, accounting for approximately 14.4% of the GDP, and its influence is steadily increasing. Projections indicate that the Indian logistics market is poised for a robust growth trajectory, with an anticipated Compound Annual Growth Rate (CAGR) of 15.5% by 2024. Additionally, the logistics industry is a significant source of employment in India, currently providing jobs to over 22 million individuals, with expectations of generating an additional 1.2 million employment opportunities by 2025. Logistics companies in India will play a major role in driving the growth of India in this decade.
Choosing a logistics company in India requires thorough planning, diligent research, strict adherence to regulations, and a focus on efficiency. Below are the essential steps to select an efficient logistics company in India:
Based on the above factors we have curated a list of best logistics companies in India.
Established: 2016
Expertise: 3PL fulfillment services, Warehousing, Reverse logistics, SAAS platform, Omni channel Fulfillment services (both B2B and e-commerce), Integrated one-stop supply chain solutions.
Godamwale, a company founded by engineers from IIT having 45+ years of experience in the supply chain provide end to end logistics solutions in India from freight forwarding and warehousing to transportation with cutting-edge technology. Godamwale, India's leading supply chain company offers technologically advanced, scalable warehousing, and 3PL solutions across over 129 cities in India.
Godamwale offers a flexible warehousing solution that doesn't require long-term space commitments, allowing companies to align their sales cycles with their warehousing needs. Through its extensive network of technologically-driven warehouses, it assists companies in reducing costs, enhancing sales, shortening delivery times, and elevating the customer experience. This warehousing network is underpinned by the company's proprietary supply chain software, which delivers real-time, end-to-end visibility and analytics, enabling faster and more informed decision-making in the supply chain.
The technology "Inciflo" by Godamwale facilitates tracking and management of products, starting from manufacturing and extending to retailers/distributors and end customers, utilizing attributes such as LOT number or batch number. It ensures 100% inventory accuracy and order precision, while also implementing user-specific transactional controls such as FIFO (First In, First Out), FEFO (First Expired, First Out), and LEFO (Last Expired, First Out).
The Godamwale's facilities follow all the safety compliances equipped with trained manpower to handle products with any kind of volume and complexity of operations.
Established: 2009
Expertise: End-to-end e-commerce logistics, providing first-mile pickup, warehousing, line-haul, and last-mile delivery services.
Ekart is leading logistics and supply chain provider in India. Their journey began in 2009 as the internal supply chain division for Flipkart. Over the years, unwavering commitment to delivering exceptional consumer experiences, characterized by dependable deliveries and the efficient management of large-scale variability, has established them as the preferred partner for numerous businesses. By availing their comprehensive end-to-end fulfilment services, you can ensure that your customers receive on-time deliveries and enjoy a seamless and hassle-free experience, thus keeping them satisfied.
Established: 2000
Expertise: Third-Party Logistics (3PL), Supply Chain Management, Warehousing, Inbound and Outbound Logistics, Freight Forwarding, E-commerce Logistics, Transportation Solutions and Integrated End-to-End Logistics Solutions.
Mahindra logistics is one of India's largest 3PL providers, offering comprehensive integrated logistics solutions. Our mission is to assist clients from various industries in efficiently managing their entire supply chain, covering stages from pre-production and production to storage and distribution. In addition to our mobility services, it provides a robust transport network, including multi-modal and last-mile delivery solutions..
The primary focus is to provide core 3PL Integrated Solutions and Network Transportation Services. Their mobility segment extends a wide range of people mobility services, serving both B2B and B2C markets.
Established: 1997
Expertise: 3PL Services, Supply Chain & Logistics Solutions, Warehousing & Inventory Management, Reverse Logistics, E-Commerce Logistics, Value-Added Services, Time-Definite Delivery, Express Distribution.
A company started in 1997, is India's leading transport company and has established an impeccable network, direct routes, round-the-clock operational continuity, and the provision of top-tier services.
Safexpress stands as India's preeminent logistics and supply chain services organization, offering a comprehensive array of logistics services in India. These encompass Express Distribution, 3PL (Third-Party Logistics), and Consulting services, catering to a vast clientele in the B2B sector. Additionally, Safexpress extends its reach to C2C customers through meticulously tailored, value-added express distribution services.
Leveraging its profound understanding of diverse customer needs across a multitude of industries, Safexpress's client base spans a wide spectrum of business verticals. These range from Healthcare to Automotive, Hi-Tech to FMCG (Fast-Moving Consumer Goods) and consumer electronics, Apparels & lifestyle to Engineering, and Books & periodicals.
Established: 1976
Expertise: Logistics Solutions, Courier Service, Reverse Logistics, Supply Chain Solutions
Established in 1976, VRL is a publicly listed company on both the NSE and BSE Exchanges, boasting a market capitalization of INR 55.89 billion as of March 31, 2023. Over the years, it have evolved into a nationally recognized logistics and transportation enterprise, holding the distinction of being the largest fleet owner of commercial vehicles in India. VRL has been a trailblazer in establishing a secure and dependable logistics network, particularly in the realm of parcel services, ensuring the efficient delivery of goods, even in remote and challenging locations.
Established: 1983
Expertise: Transportation, distribution, logistics and production.
Blue Dart Express is an Indian logistics firm specialising in courier delivery services. Its headquarters are located in Mumbai, Maharashtra and was incepted in 1983. The company also operates a subsidiary cargo airline known as Blue Dart Aviation, serving various South Asian countries.
During its early years, Blue Dart entered into a business agreement with Gelco Express International, UK, to manage international air package express services originating from India.
In 2010-11, Blue Dart introduced the option of 'cash on delivery (COD)' as an additional payment method for its courier services, catering to the evolving preferences of its customers.
Established: 1989
Expertise: transportation, handling, procurement, distribution, and even international logistics and production.
Gati, established in 1989 is renowned for streamlining the seamless and tailored movement of goods from their origin to their destination, Gati provides comprehensive logistics solutions suitable for both individuals and corporations. This transformation encompasses all stages, from transportation and handling to procurement, distribution, and even global logistics and production.
Gati's proficient logistics solutions extend their reach to cover over 99% of districts across India. Notably, they boast the exceptional achievement of having the most extensive multi-modal connectivity network, encompassing surface, air, and rail transport.
Established: 1969
Expertise: Contract Logistics, Supply Chain Management, Warehousing, Third-Party Logistics (3PL), E-commerce Logistics, Freight Forwarding, Transportation Solutions, Reverse Logistics, Integrated End-to-End Supply Chain Solutions
DHL is a German logistics company that originated in the United States. It specializes in courier services, package delivery, and express mail, handling a substantial volume of over 1.8 billion parcels annually. As a subsidiary of the German logistics conglomerate DHL Group, DHL Express, its express mail division, stands as a prominent player in the Indian parcel services market and serves as India's primary courier and parcel delivery service provider.
Established: 1996
Expertise: Express Distribution, Surface Transport, Supply Chain Solutions, E-commerce Logistics, Warehousing, Third-Party Logistics (3PL), Freight Management, Integrated End-to-End Logistics Solutions
Headquartered in Gurugram, Haryana, India, TCI (Transport Corporation of India) was established in 1958 by Prabhu Dayal Agarwal in Kolkata, India.
TCI Freight offers a range of transportation services throughout India. These services include full truckload, less than truckload (LTL), small consignment, and transportation of over-dimensional cargo. In addition to road transport, this division provides rail transportation solutions using bulk rakes, containers, and wagons.
TCI Express: Formerly known as TCI XPS, TCI Express is the express cargo division of the TCI Group. This division specializes in offering domestic and international courier services via road, rail, and air, with additional value-added services. TCI Express also plays a role in the e-commerce logistics sector in India.
Established: 1993
Expertise: VOCC (Non-Vessel Operating Common Carrier) operations for LCL (Less than Container Load) consolidation and neutral FCL (Full Container Load)
Allcargo Logistics Limited, headquartered in Mumbai, India, is a renowned logistics company. It is recognised for providing comprehensive multi-modal integrated logistics and transportation services on a global scale.
Allcargo's MTO service encompasses NVOCC (Non-Vessel Operating Common Carrier) operations associated with LCL (Less than Container Load) consolidation and neutral FCL (Full Container Load) activities worldwide. This is facilitated through its wholly-owned subsidiary, ECU Worldwide. Initially,.
It manages four CFSs, including locations at JNPT, Chennai, Mundra, and Kolkata.. The services offered encompass export and import handling, LCL shipments, bonded and open warehousing, first and last-mile transportation, dry container maintenance and repair, reefer monitoring, and the handling of hazardous materials.
Established: 2004
Expertise: End-to-end supply chain solutions, including warehousing, transportation, freight forwarding, and value-added services. Specialized in integrated logistics management for a wide range of sectors such as automotive, consumer goods, and industrial products.
TVS SCS provides a comprehensive range of supply chain services that encompass the entire process, including sourcing and procurement, integrated transportation, Logistics Operation Centre, In-Plant Logistics, finished goods and after-market fulfilment, consultancy, professional services, and product management solutions. These services are backed by our advanced Information Systems.
It specializes in resolving supply chain challenges for a diverse clientele, including international organizations, government departments, and both large and medium-sized businesses. Their expertise lies in delivering efficient solutions that not only reduce our clients' operating costs but also enhance their overall performance.
Established: 2011
Expertise: Logistics, warehousing, supply chain services.
Delhivery is an Indian company specializing in logistics and supply chain services, with its headquarters located in Gurgaon. Established in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati, Delhivery boasts an extensive network infrastructure. This includes more than 85 fulfillment centers, 24 automated sort centers, 70 hubs, a network of over 7,500 partner centers, and a fleet of 3,000+ direct delivery centers.
The logistics sector in India is poised for significant growth in the coming years, driven by economic expansion, technological advancements, and infrastructure development.
Market Size and Growth Projections
In 2024, the Indian logistics market was valued at approximately $317.3 billion. Projections indicate that it will reach $484 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.8%.
STATISTA
E-commerce Logistics
The e-commerce logistics segment has experienced substantial growth, with a CAGR of 24.3% in revenue and 27.4% in shipment volumes. This trend is expected to continue, fueled by increasing online shopping and demand for efficient delivery services.
Third-Party Logistics (3PL)
The 3PL market in India is forecasted to expand by $16.77 billion between 2023 and 2028, achieving a CAGR of 9.45%. This growth is attributed to businesses outsourcing logistics to enhance efficiency and reduce costs.
Road Logistics
The road logistics industry is expected to see moderate revenue growth of 3-6% in FY2025. Operating profit margins are anticipated to remain stable between 10.5% and 12.5%, despite challenges such as inflation and high interest rates.
Government Initiatives and Infrastructure Development
Government initiatives like the Gati Shakti plan and the development of Multi-Modal Logistics Parks aim to enhance logistics efficiency and infrastructure. These efforts are expected to reduce logistics costs and improve India's ranking in the Logistics Performance Index.
Technological Advancements
The adoption of digital technologies, including AI, IoT, and automation, is transforming the logistics landscape. These advancements enable real-time supply chain visibility, smarter operations, and improved customer satisfaction.
Sustainability Trends
There is a growing emphasis on sustainable logistics practices, such as the adoption of LNG-fueled trucks, to reduce carbon emissions and align with global environmental standards.
In summary, India's logistics sector is on a robust growth trajectory, supported by economic development, government policies, technological integration, and a focus on sustainability. Companies operating in this space are well-positioned to capitalize on these opportunities in the coming years.
The Indian logistics market is experiencing rapid growth, marked by the emergence of numerous companies. Nevertheless, it is crucial to exercise careful consideration when making a decision in this regard, as it can significantly impact the success or failure of your business. It is advisable for companies to collaborate with logistics firms in India that possess an extensive nationwide presence, offer a flexible operational model, and leverage cutting-edge technology. This strategic partnership enables businesses to make quicker and more optimal decisions within their supply chain operations.
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